2023 SZL to SRD Historical Review

YEARLY HIGH

2.1854 SRD

YEARLY LOW

1.7972 SRD

YEARLY AVERAGE

1.9833 SRD

2023 SZL to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SZL to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 2.1854. Conversely, the yearly low was recorded on February 13, dropping to 1.7972.

This high-to-low spread represents a total annual volatility of 0.3883 SRD. From a start-to-finish perspective, comparing the January average rate of 1.8602 to the December average rate of 2.0054, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1854 was up 16.71% compared to the 2022 peak of 1.8726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 10,927 SRD

2022 Average 7,370 SRD

Yearly Trough Low 8,986 SRD

Transaction Impact: A difference of 1,941.30 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1122

1.8075

JanuMarcMayJulySeptNove

SZL to SRD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.9326, compared to 2.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1015 points.

H1 Avg (Jan–Jun) 1.9326

H2 Avg (Jul–Dec) 2.0341

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2048 SRD (High: 2.1854 / Low: 1.9806). On the other end, January was the most stable month, with a tight range of 0.0497 SRD (High: 1.8853 / Low: 1.8356).

July Spread (Volatile) ±0.2048

January Spread (Stable) ±0.0497

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0662 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.0869) against the same month in 2022 (average: 1.3637), the exchange rate shifted by +0.7231 (+53.03%).

2023 Avg (July) 2.0869

2022 Avg (July) 1.3637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8853	1.8356	1.8602
February	1.8829	1.7972	1.8329
March	2.0274	1.8237	1.8956
April	2.0661	1.9806	2.0286
May	2.0511	1.8871	1.9624
June	2.0912	1.9072	2.0158
July	2.1854	1.9806	2.0869
August	2.1406	1.9600	2.0383
September	2.0447	1.9915	2.0207
October	2.0432	1.9630	2.0009
November	2.0959	2.0101	2.0523
December	2.0670	1.9598	2.0054